Gulf Resources Inc (NASDAQ:GURE) has a beta value of -76.77% and has seen 787.79 shares traded in the last trading session. The GURE stock price is -103.7% off its 52-week high price of $1.65 and 38.27% above the 52-week low of $0.50. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.77 million shares traded. The 3-month trading volume is 12.50 shares.
Gulf Resources Inc (NASDAQ:GURE) trade information
Sporting 0.94% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GURE stock price touched $0.81 or saw a rise of 17.9%. Year-to-date, Gulf Resources Inc shares have moved -27.65%, while the 5-day performance has seen it change 57.26%. Over the past 30 days, the shares of Gulf Resources Inc (NASDAQ:GURE) have changed 40.43%. Short interest in the company has seen 0.37 million shares shorted with days to cover at 7.37.
Gulf Resources Inc (GURE) estimates and forecasts
The company’s shares have gained 44.75% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -296.26% -15.05% over the past 5 years.
GURE Dividends
Gulf Resources Inc is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Gulf Resources Inc (NASDAQ:GURE)’s Major holders
Insiders own 30.92% of the company shares, while shares held by institutions stand at 1.62% with a share float percentage of 2.35%. Investors are also buoyed by the number of investors in a company, with Gulf Resources Inc having a total of 11.0 institutions that hold shares in the company. The top two institutional holders are RENAISSANCE TECHNOLOGIES LLC with over 0.16 million shares worth more than $0.17 million. As of 2024-06-30, RENAISSANCE TECHNOLOGIES LLC held 1.5816% of shares outstanding.
The other major institutional holder is BRIDGEWAY CAPITAL MANAGEMENT, LLC, with the holding of over 0.13 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.13 million and represent 1.2073% of shares outstanding.
